MAHARERA: Disclosure of Pending cases of the project by the Builder
MahaRERA Authority has passed an order against a developer for non-complying with the mandatory disclosure norms under section 4 of the RERA Act, 2016.
MahaRERA Authority has passed an order against a developer for non-complying with the mandatory disclosure norms under section 4 of the RERA Act, 2016.
Calcutta High Courts held that moratorium under Section 14 of IBC also includes criminal proceedings for cheque bounce cases under Section 138 of the Negotiable Instruments Act, thus parallel proceedings against a corporate debtor cannot be allowed.
Hon’ble UPRERA Authority has heard more than 2400 cases post the lockdown through the means of Video Conferencing which is the new way of life for all of us.
Homebuyer filed appeal before P & H High court against order Haryana RERA Tribunal which held that RERA authority does’t power to grant refund under RERA.
According to the various resources that central government is planning to increase the number of NCLT benches from 11 to 24.
The homebuyers who wish to seek refund of their amount are legally entitled to approach National Company Law Tribunal (NCLT) under IBC.
The Greater Noida bench of the UP-RERA heard 31 complaints all against a Noida-based developer that has failed to deliver three projects in the past 10 years
As indicated by authorities, out of the aggregate 240 cases transferred from Maha-RERA to the Pune court, the seat settled 40 cases from March 12 till now.
Supreme Court will track down the details of cases against MP’s & MLA’s that are pending since 2014. The aim of this action is to put a full stop on politicians facing criminal charges from contesting elections. As per the direction, a bench of Justices Rajan Gogoi and Navin Sinha faddish the criminal cases filed … Continue reading “Details of cases against MP’s & MLA’s to be track down by SC”
By introducing deep learning technology in the courts, the facial expressions of victims and offenders can be read which can be proved to be a revolution while deciding the cases, it will ultimately help in pronouncing more correct and evaluative judgments by the judges.
Arbitration is a form of dispute resolution which make both the parties mutually agree on the procedure of arbitration. Arbitration the most efficient form of remedy for settlement of dispute as it saves a lot of time and resources.
Lok Adalat will be held online and complaints filed before the UP-RERA under Section 31 of the RERA Act in which amicable settlement is possible or a party has filed an application for settlement will be heard.
The term Moratorium is nowhere defined in the Code, however, the term in basic parlance means, ”a stopping of activity for an agreed amount of time”.
A claim was made in respect of the non-payment of pending salary and other settlement benefits such as leave encashment, Leave Travel Allowance, and bonus.
This article is all about the insolvency process which has been initiated which may include filing of claims, acceptance of claims, making of the committee of creditors and resolution plan